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loan-growth

Companies 2 years ago

PREMIUM
Bank Mandiri books 12% Q1 loan growth

The total value of loans granted by state-owned lender Bank Mandiri in the first quarter of this year grew 12.36 percent from the same period the year before to some Rp 1.2 quadrillion (US$80.85 billion), well on track to meet the bank’s annual loan growth target of between 10 and 12 percent.

Companies 3 years ago

PREMIUM
Major Indonesian banks hit loan brake after last year's frenzy

With uncertainty still surrounding the course of the global economy this year, Indonesia's major lenders are erring on the side of caution with their 2023 loan targets.

Companies 4 years ago

PREMIUM
BRI posts 76% rise in net profit for 2021

State-owned Bank Rakyat Indonesia (BRI) saw its net profit rise 75.53 percent last year while loan disbursement increased 7.16 percent.

Business 4 years ago

PREMIUM
Bank Mandiri lowers 2021 credit growth forecast to 3–4%

State-owned Bank Mandiri has lowered its credit growth outlook for this year to between 3 and 4 percent, down from 5 percent, as it takes into account the effect of recent COVID-19 mobility restrictions.

Business 4 years ago

PREMIUM
Credit growth slows, NPL ratio up slightly in July

Bank Indonesia reported on Wednesday that credit growth slowed to 0.5 percent year-on-year in July from nearly 0.6 percent in June. The NPL ratio was slightly up at 3.31 percent.

Business 4 years ago

PREMIUM
Mandiri says ‘no revision’ to loan growth target despite curbs

The bank's stance contrasts with those of Bank Indonesia (BI) and the Financial Services Authority (OJK), which have downgraded their respective national loan growth targets.

Business 4 years ago

PREMIUM
Banks expect loan disbursement to rebound this year

State-owned publicly listed Bank Mandiri has forecast a 5 percent growth in the national loan disbursement this year as the economy is expected to recover across many sectors.